The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-12-11
INDIANAPOLIS MARKETS.
Continuous Rains and the Near Approach OF
the Close of the Year Checking Trade.

Continuous Rains and the Near Approach OF
the Close of the Year Checking Trade.
INDIANAPOLIS. Dec. 10.
Trade in the week closing to-day has not reached
expectations In the early part of the week the break
in the grain and provision markets used bear
business and the last half of the week rain has
terfered with trade Probably this is fortunate
the sharp advance in wheat and and in provis
ions, as well, was exciting persons who are apt to
speculate when the inducements stand out promi-
nent they did few days ago. That there is still
uncertainty in the matter of specializing in grain
and provisions made quite apparent before wild
buyers had gone in very Deep That there is good
son for believing that grain and provisions good
property will deny Corn. for instance is being
absorbed by markets to its production extent
never before known. Where State has good crop
adjoining had none and are buying from their
fortunate neighbor. It is not uncommon
thing for regular buyer to have car loaded with
at small station ready to be forwarded to
the market for some home buyer to step and offer
two to three cents on the bushel than the
would bring the market it proposed to ship it
to. Then the strong tone to the provision market is
well backed The packing is not half over.
nna se Prc bs for last wes
show continuance OF decrease in number of hogs
handled, compared with corresponding time last
The ten leading points have packed 40, 600 for
the week. against 54s. 600 last year, and these
l, against ,971 900 year ago, AZ, 600 decrease
The indications that other places have packed
year ago, tn date, possibly small gain
Accompanying returns show 81 900 hogs for ten
places mentioned additional to the ten larger points,
and for last year 2S3, 0O0 indicating IS, 900 gain
this at these places The total packing at all
points to date evidently varies but slightly from a
year In inquiries the past week have
asked for estimates for the entire OF
there contingencies liable to arise which may
effect radical change in calculations thus early in
the season at individual points. Summing up the
present views probabilities for the at the
ten large points. shortage of 20O, 900 to 400 900
hogs is estimated. In the other markets
there IS nothing to note. Produce
slow y. retail grocerS buying only to meet immediate
requirements expecting that prices vegetables,
apples butter and eggs will break after the holidays
In poultry lower prices need be looked for they
now so per cent lower than at the corresponding
period last year and 100 per cent. lower than in
the corresponding period of 1855. Grocers hav-
ing fair trade for December. Country merchants,
however, allowing their stocks run down that
they may be able to how they stand at the begin
ming of the new year. 1t is stated that bills have
been more promptly met this year than usual conse
In holiday goods there is big trade and peo-
pie show disposition to purchase useful articles for
gifts their friends.
The week closes with strong market. The rains
cutting down receipts. Wheat is in good demand
both for local consumption and for shipping to inte
rior milling points. Corn in all markets. in good
demand and futures rule firm. Oats scarce and in
good request Track bids to-day ruled as follows.